Word: feldstein
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...House Ways and Means Committee is hosting a retreat in the Smoky Mountains next weekend for its members and 10 prominent economists, including Martin S. Feldstein '61, the Baker Professor of Economics, to discuss strategies on how to reduce the nation's budget deficit, participants said yesterday...
...going to talk about how I think it's very important for them to face up to the budget deficit," Feldstein said last night in an interview. "I'm going to be very much interested to see the extent to which they're prepared to talk about the specifics of spending reductions or tax increases...
...remember a lot of small talk," said Feldstein, who has appeared at two earlier Ways and Means conferences on taxes. "The subject was really professional," said the former head of the President's Council of Economic Advisors...
...Feldstein has favored raising taxes to balance the budget and has proposed cutting federal spending across the board. When Feldstein stepped down from his advisory post, it was reported that the fiscal conservative left because he disagreed with the pace of budget deficit reductions...
Speaking of the market, the guru of Ec 10, Adam Smith, had a surprisingly relevant thing or two to say about college teaching. Martin Feldstein, however, might find this Smith just a bit disconcerting...